Friday, October 7, 2016

The Sensex Outlook for the Day - 07-10-2016


The markets are drifting lower on expected lines – we could see some short-covering today. But the Sensex should ultimately settle around 27900 – from where we could see a dash towards 29000/higher.
Date
7-Oct-16
S2
27,943
S1
28,031
Sensex Previous Close
                                    28,106.21
R1
28,154
R2
28,329
Sensex Fair Value
27,213




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